Nigeria’s Active Mobile Phone Subscriptions Rise 2.5 million in July to...
Active subscriptions for telecommunications services across mobile networks of MTN, Airtel, Glo, and 9mobile rose to 208.6 million in July compared with 206.5 million...
Fuel Now N270/Litre As Scarcity Worsens, NNPC, Marketers Trade Blame
The Nigerian government and fuel marketers have offered varying explanations for the ongoing fuel scarcity that has affected states across the country for weeks...
CBN Pushes Lending Rate To 18.75% To Curb Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its 149th meeting on Tuesday, with a decision to raise...
Nigeria’s Inflation Hit 22.79% In June
Nigeria’s headline inflation rate accelerated for the sixth consecutive time to 22.79 per cent in June 2023, according to data by the National Bureau...
FEC Grants NNPC Ltd Approval To Invest N1.9 Trillion On 44...
The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest 1.9 trillion in the reconstruction...
Nigerian FG Owes CBN $47bn, Report Reveals
The federal government has confirmed that the Central Bank of Nigeria (CBN) is being owed N20 trillion ($47 billion), which is yet to be...
MTN Nigeria Proposes New Dividend Plan
TN Nigeria’s board of directors have proposed a scrip dividend plan that will see the company’s shareholders convert their dividends into shares instead of...
FG/ IOM Assist Over 34,000 Stranded Nigerian Migrants in Seven Years
Over the past seven years, a total of 34,694 stranded Nigerian migrants have been assisted in returning home through the collaborative efforts of the...
Medication Errors Kill Three Million Annually – WHO
The World Health Organisation (WHO) says medication errors contribute to more than three million deaths globally every year.
Its Regional Director for Africa, Dr Matshidiso...
CBN Debunks Viral News Suspending OPAY, PALMPAY
The Central Bank of Nigeria (CBN) has come out to debunk rumours making the rounds that it suspended accounts of Fintech companies like OPAY...
Recent Posts
CBN Loans: Nigeria’s Debt Hits N77 Trillion – DMO
Nigeria’s Debt Management Office (DMO) on Thursday said that the next administration will inherit a public debt of N77 trillion if the N23 trillion...
ChatGPT Exceeds 100 Million Users
Two months after it launched at the end of November 2022, the chatbot has amassed 100 million users, beating apps such as TikTok, which...
Lagos Reopens 18.75 km Lekki-Epe Highway Following Reconstruction
The first phase of the reconstruction and upgrading of the Eti Osa-Lekki-Epe Expressway has now been completed and delivered, with the infrastructure formally opened...
Nigeria Accounts For 89% Of Martyred Christians Worldwide – Report
NIGERIA accounts for 89 per cent of Christians martyred worldwide, according to the latest report on global Christian persecution.
The Open Doors World Watch List...
Redefining the Role of UPU for the Urhobo People
By Michael Owhoko, Ph.D
The Urhobo is among the first 10 major ethnic groups, and the fifth largest in Nigeria, yet, its initial capacity to...